Posted on 05/11/2010 12:24:25 PM PDT by buzzer
OK Goldman can create these out of thin air but someone has to buy them. There has to be some fool to take the other side of the trade so who it that fool? Soros had the UK central bank as the fool but central banks aren’t going to buy these CDOs.
I was looking for a pic like that to post, but until you posted that, I WAS thankful I couldn’t find one. ;)
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